When you combine the rapid fade of Angle’s post-primary “bounce” with the most recent fundraising numbers through June, which indicate that Reid has $7 million more in the bank than his opponent, one begins to realize that Angle is going to need a great deal of hard work and luck to be victorious in November.

If you think that the Nevada GOP is going to be a driving force in helping Angle turnout the vote, think again.The party’s impact is likely to be limited this fall due to the proposed massive budget cuts in the RNC’s “victory” program.

Angle can turn to high-powered conservative groups for help, right?Yes and No.American Crossroads is doing what it can to curtail Reid’s newfound momentum. But earlier this week, the U.S. Chamber of Commerce, which many analysts believe could greatly aid Republican efforts in 2010, decided to publicly shy away from the Nevada Senate Race citing concerns that a U.S. Senate under the leadership of Senators Dick Durbin (D-IL) or Chuck Schumer (D-NY) would be more disastrous to their efforts beyond 2010 than it would if it remained under Reid’s stewardship.

While Election Day is roughly four months away and Angle has demonstrated strong early momentum, Harry Reid’s advantages in the bank and on the ground will continue to present formidable obstacles at every step for Angle, which leads us to believe that GOP should hit the panic button in Nevada every day until November 2nd.